House debates

Wednesday, 10 May 2006

Questions without Notice: Additional Answers

Budget 2006-07

2:56 pm

Photo of Peter CostelloPeter Costello (Higgins, Liberal Party, Treasurer) Share this | | Hansard source

Mr Speaker, I seek the indulgence of the chair to add to an answer.

Photo of David HawkerDavid Hawker (Speaker) Share this | | Hansard source

The minister may proceed.

Photo of Peter CostelloPeter Costello (Higgins, Liberal Party, Treasurer) Share this | | Hansard source

I was asked a question by the Leader of the Opposition about the futures yield. I inform the Leader of the Opposition that the 90-day futures yield for a September 2006 contract was 6.01 per cent yesterday, before I brought down the budget, and this morning at 10 o’clock, after the budget was brought down, it was 6.01 per cent still. Any suggestion that the budget moved the futures yield is completely and utterly false.

Photo of Kim BeazleyKim Beazley (Brand, Australian Labor Party, Leader of the Opposition) Share this | | Hansard source

Mr Beazley interjecting

Photo of David HawkerDavid Hawker (Speaker) Share this | | Hansard source

The Leader of the Opposition does not have the call.